Under yesterday's deal, the company's public shareholders will receive nothing.
Other public shareholders receive $1.27 billion at the current rate.
For most of the public shareholders, the profits certainly have.
Only the public shareholders got nothing out of the deal the board accepted.
It does not, however, want the public shareholders to have that option.
And it demonstrated the power that public shareholders still have.
Why can't the company produce that value for the public shareholders?
Why not let the public shareholders get the high price?
The firm is racing to spend that money so it can show a return to its public shareholders quickly.
Later, in an interview, he added that public shareholders "could have sold from $14 to $21" last year.